Let’s face it, we all have a burning need to be liked and respected. We want people to think of us as smart and sophisticated. In fact, our need for admiration is so powerful it can drive almost everything we do. We want our kids, co-workers, friends and strangers all to think of us as awesome people. Frankly, there is nothing wrong with this. Being a nice person is one of the most important things any of us can be. The problem is that this innate need for approval can also hold us back, in a big way. And, here is the kicker, the more comfortable we get, the less we are willing to put our acceptance at risk.
I have had the privilege of spending a lot of time with some really successful people in the last few years, and I mean really successful. The type of people who books are written about. I put them into two categories. The first are those who won the lottery. They hit the jackpot in their field and they live off of that one claim to fame for the rest of their lives. The second group is what I call compulsively successful people. Compulsively successful people tend to have a few things in common, they think big and they go after what they want with impunity – and they don’t really care what people think of them. These are the people in whom I am most interested. They achieve success and they just keep going after it, again and again. And the thing that really makes them different, is that even after they have achieved a high degree of success; they are still willing to put themselves out there and risk losing the admiration that they worked so hard to achieve. It’s extraordinary.
When we are young, we are much more willing to take chances; to risk being a little embarrassed in order to get a high-paying job or make a big sale, but as we get older that risk tolerance tends to get smaller. For most people, once they achieve a little success, they spend the rest of their life protecting it. I’m not saying they quit working, but they are much more measured, and being admired becomes much more important than almost anything else.
Compulsively successful people aren’t that way. They are almost pathological, and are unafraid of rejection or pissing someone off. They achieve one success and they parlay it into something else, usually something much bigger. Now, this may sound easier than it is. If you ask most people if they are willing to work hard and even embarrass themselves if that is what it takes to be wildly successful, they will say “sure”. But that is not exactly how it works. Let’s say you started a business and a few years later, you sold it for a few million dollars. You are set financially. You get asked to speak at events, you have successful friends and you are admired. Do you start another business with a vision that is 100 times larger than your last venture? Are you willing to ask your successful friends to support your new business and risk losing them? As a “successful” person are you willing to get doors slammed in your face and be humiliated like you were when you were young? This may sound like an exceptional situation, but most of us who have achieved some level of success encounter some version of these questions in our lives.
Very few people win the lottery. Most who achieve extraordinary success do it in a very unglamorous way. They work hard, achieve some success and keep upping the ante, consuming their goodwill and relationship-capital until they fail spectacularly or are playing in a much bigger game. They are frequently called “delusional”, “crazy”, or “detached from reality”. Trust me, I’ve seen it. Is your need for acceptance, and fear of being thought of as “delusional” keeping you from taking your business or aspirations to the next level? Think about it. This past week, I put myself out there more than I have in a while, and was called more nasty things than any time in my life. It made me think…I must be doing something right.
Most of us have heard that it's not about what happens to you or around you; it's how you react to it. That discipline may be the single most important quality a person can possess when it comes to success. Talent is overrated, and luck is out of our control. Grit, on the other hand, is a superpower.
This week's big news in real estate was the settlement of the class action lawsuits directed against the National Association of Realtors (NAR)...Despite what you may have heard from the media, if the settlement is approved, this would be a modest victory for both realtors and homebuyers. The lawsuit's deeply misguided proponents, including Steve Brobeck from the Consumer Federation of America, have been calling for an outright ban on broker cooperation. In that regard, they didn't get what they wanted.
For years, large companies have been outsourcing to India and China, but the politics with China is unpredictable at best, and India has its limitations as well...However, Mexico and Latin America are just on the other side of our southern border, in the same time zone as the U.S., and with a talented and plentiful population of eager workers. There are also a number of companies that make the process of hiring a nearshore team practically turn-key.